A Global Parking Management Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Parking Management industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Parking Management market, this study covers qualitative and quantitative aspects of the Parking Management market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global parking management market size reached USD 3.77 Billion in 2020 and is expected to register a CAGR of 8.1%, during the forecast period, according to latest analysis by Emergen Research. Increasing need for more effective use of parking areas is expected to drive global parking management market revenue growth during the forecast period. In addition, rising number of vehicles globally is expected to propel growth of the global parking management market revenue going ahead. Furthermore, increasing adoption of Artificial Intelligence (AI) based services is expected to boost global parking management market growth.
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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Parking Management industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Parking Management industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Parking Management industry.
Radical Highlights of the Parking Management Market Report:
- Comprehensive overview of the Parking Management market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Parking Management market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Parking Management market expected to boost the growth of the industry in the coming years.
Parking Management Market Segmentation:
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Services
- Solutions
Service Outlook (Revenue, USD Billion; 2018–2028)
- Support Maintenance
- System Integration
- Consulting
Solution Outlook (Revenue, USD Billion; 2018–2028)
- Security Surveillance
- Valet Parking
- Parking Reservation
- Revenue Management
- Access Control
- Others
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Parking Management market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Amano Corporation, Siemens AG, Conduent Inc., T2 Systems, Inc., APCOA Parking AG, IPS Group, Inc., FlashParking, Inc., Q-Free ASA, ParkMobile USA, Inc., Cleverciti Systems GmbH
Regional Landscape section of the Parking Management report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Additional information offered by the report:
- Along with a complete overview of the global Parking Management market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Parking Management market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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Highlights of Table of Contents (TOC):
- Overview of Global Parking Management Market
- Competitive analysis of the Parking Management market
- Regional analysis of Global Parking Management market production and revenue
- Regional analysis of Global Parking Management market supply, consumption, and export import
- Type-based market analysis of global Parking Management production, revenue, and price trends
- Application-based analysis of the global Parking Management market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Parking Management market
- Conclusion of the research report
- Appendix
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